Apple’s stock value falls dramatically by 12.5% over the weekend

Now, AppleInsider reports that Apple’s stock value (on the stock market, Apple is registered as AAPL) had fallen 12.5% over the weekend. Reportedly, investors are concerned over the public health situation and those worries reflect on the stock market.
On Friday, AAPL’s stock was at $277.97, but unfortunately, this morning, before the opening of the trade, it was below $240. Currently, Apple’s capitalization, meaning the amount of shares multiplied by the price of those shares, is at $1.06 trillion.

On March 12, Thursday, stocks were lower than they have been in a while for Apple. However, it's not only Apple’s value that’s affected by the situation. Other tech giants, such as Google, Microsoft and Facebook, are also suffering declines in their stock value due to COVID-19.